Sarasota, FL Rental Market Trends
Last updated: February 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Sarasota is $1,996, a 5.16% decrease compared to the previous year, when the average rent was $2,104.
Studio Apartments at $1,194 offer the most budget-friendly option with 325 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 760 square feet for $1,776, balancing privacy and affordability.
Two-beedroom units at $2,081 offer 1,092 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,424 sq ft) for $2,594, suitable for larger households.
Average rent in Sarasota, FL
Last updated: February 20, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,996 | 981 sq. ft. |
| Studio | $1,194 | 325 sq. ft. |
| 1 Bed | $1,776 | 760 sq. ft. |
| 2 Beds | $2,081 | 1,092 sq. ft. |
| 3 Beds | $2,594 | 1,424 sq. ft. |
Sarasota, FL rent trends
What's the typical rent budget in Sarasota, FL?
The largest share of rentals in Sarasota, FL (49%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Sarasota, FL?
11,328 or 44% of the households in Sarasota, FL are renter-occupied while 14,244 or 56% are owner-occupied.
Most affordable neighborhoods in Sarasota?
Tri-Par Estates $1,450/month
Oakwood Manor $1,591/month
Pinewood Forest $1,661/month
All of these neighborhoods fall below the city wide average of $1,996/month.Most expensive neighborhoods in Sarasota?
Lakewood Ranch $2,289/month
Rosemary District $2,548/month
Five Points $3,362/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Sarasota, FL By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Five Points | $3,362 |
| Rosemary District | $2,548 |
| Lakewood Ranch | $2,289 |
| Palmer Glen - Meadow Walk | $2,285 |
| Forest Creek | $1,986 |
| Green Acres | $1,948 |
| Park East | $1,796 |
| Ramblewood | $1,717 |
| Pinewood Forest | $1,661 |
| Oakwood Manor | $1,591 |
| Tri-Par Estates | $1,450 |
/
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Sarasota | Rent Comparison by Neighborhood
Rent in Five Points is 69% higher than in Forest Creek
$3,362
Five Points rent is 68% higher than Sarasota average
Average Rent
$3,362
$1,986
Forest Creek rent is 1% lower than Sarasota average
Average Rent
$1,986
How Sarasota Compares to Other Cities
| City | Average Rent |
|---|---|
| Sarasota | $1,996 |
| Jacksonville | $1,489 |
| Cape Coral | $1,691 |
| Kissimmee | $1,813 |
| Tampa | $1,997 |
| Miami | $2,710 |
| Fort Myers | $1,741 |
| North Port | $1,715 |
| Lakeland | $1,507 |
| Orlando | $1,793 |
| Port St. Lucie | $2,146 |
| St. Petersburg | $2,007 |
| Pinellas Park, FL | $1,880 |
| Englewood, FL | $1,585 |
| Seminole, FL | $1,796 |
| South Pasadena, FL | $2,418 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Sarasota apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.